TrueMark Investments LLC Purchases 12,171 Shares of Hershey Company (The) $HSY

TrueMark Investments LLC increased its position in Hershey Company (The) (NYSE:HSY) by 40.0% in the first quarter, HoldingsChannel reports. The firm owned 42,634 shares of the company’s stock after purchasing an additional 12,171 shares during the quarter. Hershey accounts for approximately 1.7% of TrueMark Investments LLC’s holdings, making the stock its 21st biggest holding. TrueMark Investments LLC’s holdings in Hershey were worth $8,863,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Syon Capital LLC grew its stake in Hershey by 1.5% in the fourth quarter. Syon Capital LLC now owns 3,020 shares of the company’s stock worth $550,000 after purchasing an additional 46 shares during the period. Haverford Trust Co lifted its position in Hershey by 0.7% during the fourth quarter. Haverford Trust Co now owns 6,796 shares of the company’s stock valued at $1,237,000 after buying an additional 46 shares during the period. Larson Financial Group LLC lifted its position in Hershey by 2.0% during the fourth quarter. Larson Financial Group LLC now owns 2,561 shares of the company’s stock valued at $466,000 after buying an additional 50 shares during the period. Venture Visionary Partners LLC boosted its holdings in shares of Hershey by 0.7% during the 4th quarter. Venture Visionary Partners LLC now owns 8,034 shares of the company’s stock valued at $1,462,000 after buying an additional 53 shares in the last quarter. Finally, ARS Wealth Advisors Group LLC boosted its holdings in shares of Hershey by 1.8% during the 4th quarter. ARS Wealth Advisors Group LLC now owns 3,070 shares of the company’s stock valued at $559,000 after buying an additional 54 shares in the last quarter. 57.96% of the stock is currently owned by institutional investors.

Insider Transactions at Hershey

In other news, CFO Steven E. Voskuil sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $173.43, for a total value of $260,145.00. Following the transaction, the chief financial officer owned 54,695 shares in the company, valued at approximately $9,485,753.85. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on HSY shares. Barclays decreased their price target on shares of Hershey from $225.00 to $220.00 and set an “equal weight” rating for the company in a research note on Monday, May 4th. Morgan Stanley dropped their price objective on shares of Hershey from $247.00 to $227.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Zacks Research cut shares of Hershey from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. BTIG Research began coverage on shares of Hershey in a report on Monday, April 13th. They issued a “neutral” rating on the stock. Finally, Mizuho decreased their target price on shares of Hershey from $195.00 to $185.00 and set a “neutral” rating for the company in a research note on Wednesday, May 20th. Seven investment analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company. According to MarketBeat, Hershey presently has a consensus rating of “Hold” and a consensus price target of $218.06.

Key Headlines Impacting Hershey

Here are the key news stories impacting Hershey this week:

• Positive Sentiment: Recent commentary points to stronger sentiment around Hershey’s earnings outlook, including reaffirmed 2026 guidance and signs that margin pressure from commodity-derivative losses may be easing as the company works through volatile cocoa costs. Hershey rises as investors lean on outlook and margin recovery hopes
• Positive Sentiment: Hershey’s salty snacks business is showing strength, with growth in brands like LesserEvil, Dot’s, Reese’s Filled Pretzels, and snack mixes adding to the company’s growth story beyond chocolate. Hershey’s Salty Snacks Business Shows Strength Beyond LesserEvil
• Positive Sentiment: The company named Heather Hoytink as President, U.S., which may reassure investors about leadership continuity and commercial execution in a key market. The Hershey Company Names Heather Hoytink President, US

Hershey Trading Up 2.2%

NYSE HSY opened at $183.27 on Thursday. Hershey Company has a 12 month low of $160.07 and a 12 month high of $239.48. The company has a current ratio of 1.24, a quick ratio of 0.77 and a debt-to-equity ratio of 0.99. The stock’s fifty day moving average price is $186.78 and its 200-day moving average price is $198.22. The stock has a market cap of $37.17 billion, a P/E ratio of 34.13, a P/E/G ratio of 1.08 and a beta of 0.09.

Hershey (NYSE:HSY) last posted its quarterly earnings results on Thursday, April 30th. The company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.31. The firm had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.03 billion. Hershey had a return on equity of 28.98% and a net margin of 9.12%.Hershey’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.09 EPS. As a group, equities analysts forecast that Hershey Company will post 8.45 EPS for the current fiscal year.

Hershey Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 15th were issued a $1.452 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $5.81 annualized dividend and a yield of 3.2%. Hershey’s payout ratio is 108.19%.

Hershey Profile

The Hershey Company (NYSE: HSY) is a leading North American chocolatier and snack manufacturer headquartered in Hershey, Pennsylvania. The company develops, produces and markets a wide range of confectionery and snack products for retail, foodservice and international customers. Hershey’s business spans manufacturing, branded product marketing, packaging and distribution across grocery, convenience, mass merchant and e-commerce channels.

Hershey’s product portfolio centers on chocolate and sugar confectionery, including core brands such as Hershey’s, Reese’s, Hershey’s Kisses and Twizzlers, alongside non-chocolate snacks and confectionery brands.